There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of India for its Kurdhunda branch in Kurundhunda (Dist. Ratnagiri), Kurundhunda Dist Ratnagiri, Maharashtra, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Bank Of India situated in Kurundhunda (Dist. Ratnagiri) or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code BKID0001426. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of India, Kurdhunda, Kurundhunda (Dist. Ratnagiri)
The table below shows the main details of the IFSC Code BKID0001426 for the Bank Of India branch in Kurundhunda (Dist. Ratnagiri), which falls under the Kurundhunda Dist Ratnagiri district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0001426 |
| Branch | Kurdhunda |
| City | Kurundhunda (Dist. Ratnagiri) |
| District | Kurundhunda Dist Ratnagiri |
| State | Maharashtra |
| Address | At Post Kurdhundataluka Sangameshwar Dist Ratnagiri |
These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Kurundhunda (Dist. Ratnagiri) for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0001426 for the Kurdhunda branch of Bank Of India plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Kurdhunda, Kurundhunda (Dist. Ratnagiri), Maharashtra, is provided a unique IFSC like BKID0001426 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of India branch in Kurundhunda (Dist. Ratnagiri).
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Kurundhunda (Dist. Ratnagiri) and Kurundhunda Dist Ratnagiri.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Kurdhunda do not get misguided to another person.
Format of the IFSC Code BKID0001426
The format of the IFSC Code for banks, including Bank Of India, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Bank Of India, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Kurdhunda in Kurundhunda (Dist. Ratnagiri).
For example, the IFSC Code BKID0001426 of Bank Of India for the Kurdhunda branch includes these elements, identifying the bank and the branch location in Kurundhunda (Dist. Ratnagiri) and Maharashtra correctly.
How to Find IFSC Code for Bank Of India?
If you are looking for the IFSC Code BKID0001426 of Bank Of India for its Kurdhunda branch located in Kurundhunda (Dist. Ratnagiri), the following methods can help:
Cheque Book
The cheque book that is issued by Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Bank Of India branches in Kurundhunda (Dist. Ratnagiri) and Kurundhunda Dist Ratnagiri, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Bank Of India and look for the branch locator section, then search for Kurdhunda or Kurundhunda (Dist. Ratnagiri) to get the exact IFSC Code BKID0001426.
Mobile Banking App
If you use Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of India and Kurundhunda (Dist. Ratnagiri), then it will provide you proper information.
How to Use IFSC Code BKID0001426 for Online Transfers?
Once you have the IFSC Code BKID0001426 for the Kurdhunda branch of Bank Of India in Kurundhunda (Dist. Ratnagiri), you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BKID0001426. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Bank Of India IFSC Code BKID0001426.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Bank Of India Kurdhunda in Kurundhunda (Dist. Ratnagiri), your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of India in Kurdhunda, here are some of the ways you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Bank Of India website.
- Search the RBI portal.
Knowing both IFSC and MICR code can help account holders in Kurundhunda (Dist. Ratnagiri) manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Kurdhunda Kurundhunda (Dist. Ratnagiri) branch is BKID0001426.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at At Post Kurdhundataluka Sangameshwar Dist Ratnagiri.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.